Purple Trading at a glance
Founded in 2016 by fintech incubator Purple Technology, Purple Trading is a multi-regulated European CFD and forex brokerage operating under CySEC-licensed Cyprus Investment Firm L.F. Investment Limited (Licence No. 271/15) and Seychelles FSA-licensed AXSE Brokerage Ltd (Licence No. SD041). The broker provides 100% STP and ECN execution models across forex, indices, commodities, and share CFDs using cTrader, MetaTrader 4 (MT4), and proprietary investment strategies.
Purple Trading reports a founding year of 2016 and a head office in Limassol, Cyprus (Czech Technology Office: Prague, Czech Republic). It lists 4 regulators and 11 trading platforms.
BrokerBazaar verdict
Purple Trading (L.F. Investment Limited / Purple Technology) is a respected European retail CFD and forex broker. Holding Tier-2 regulatory supervision under CySEC in Cyprus and MiFID II compliance across the EEA, it specializes in transparent STP/ECN order routing via cTrader and MT4. With negative balance protection and ICF coverage for European clients, it presents a reliable, well-governed trading environment with low counterparty insolvency risk.
Legal entities, regulation and licences
Purple Trading operates through 2 legal entities, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by at least one strict-tier regulator.
Licence check: Not independently checked. This broker has submitted its details. BrokerBazaar has not yet independently checked them. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.
Countries accepted and restricted
Purple Trading states that it accepts clients from European Union / EEA member states, plus international non-EU onboarding through Seychelles entity (excluding United States, Canada, Japan, Belgium, and sanctioned countries). Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.
Trading products, platforms and account types
Instruments: Forex CFDs (Major, Minor, Exotic currency pairs), Index CFDs, Commodity CFDs (Gold, Silver, Crude Oil, Natural Gas), Share CFDs (US, UK, European stocks), ETF CFDs, Futures CFDs. Platforms: cTrader Desktop, cTrader Web, cTrader Mobile, MetaTrader 4 (MT4), MT4 Mobile, PurpleZone Portal, FIX API, TradingView, cTrader, MetaTrader 4, MetaTrader 5. Account types: STP Account, ECN Account, Pro Account, Islamic Swap-Free Account, Demo Account.
Best-for tags assigned by our team: cTrader, Forex Trading, CFD Trading, ECN Execution, STP Broker, MetaTrader 4, Algorithmic Trading, cBots, Copy Trading, Central European Traders.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is $100 (€100 / $100 / 2,500 CZK / 400 PLN minimum initial deposit for standard STP and ECN accounts; $500 minimum for global offshore accounts under Seychelles entity). Spreads start from From 0.0 pips and commission is None (standard) · $0 (raw). Maximum leverage is 1:30, subject to the cap of the entity that holds your account.
Swap-free / Islamic account: not specified. Swap type: not specified. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.
Deposits and withdrawals
Deposit methods: SEPA Bank Wire Transfer, Credit / Debit Card (Visa / Mastercard), Neteller, Skrill, Local Payment Gateways. Withdrawal methods: SEPA Bank Wire Transfer, Credit / Debit Card, Neteller, Skrill.
Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.
Execution model, negative balance protection and client money
Negative balance protection: Not specified. Scalping allowed: Not specified. Algorithmic trading allowed: Not specified. News trading allowed: Yes. Hedging: not specified.
Client-money rules follow the regulator of the entity that holds your account: CySEC: Segregated under MiFID II client-asset rules. Compensation: ICF — up to €20,000 per client. FSA Seychelles: Segregation expected but rules are lighter than onshore. Compensation: No central compensation scheme.
Complaints and dispute process
Formal complaints: complaints@purple-trading.com. Phone: +357 25 030 444. Customer complaints are processed directly by the Compliance and Legal Affairs Department of L.F. Investment Limited at 11 Louki Akrita, Limassol, Cyprus. For EU retail clients, unresolved grievances can be escalated to the Financial Ombudsman of the Republic of Cyprus or submitted to CySEC via European alternative dispute resolution mechanisms. In accordance with CySEC directives and MiFID II, client funds are held in strictly segregated omnibus trust accounts at Tier-1 European banks. European retail accounts are covered by the Investor Compensation Fund (ICF), providing statutory compensation up to €20,000 per client in the event of institutional default. Non-EU international accounts contracted under AXSE Brokerage Ltd (Seychelles FSA) operate under local offshore framework and are not eligible for European ICF protections.
If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.
Strengths and limitations
- Strength: Regulated in the European Union by CySEC (Licence 271/15) with MiFID II cross-border protections
- Strength: Direct straight-through processing (STP) and ECN execution model with zero dealing-desk intervention
- Strength: Full support for Spotware's institutional cTrader platform alongside MetaTrader 4 (MT4)
- Strength: Statutory negative balance protection and client fund segregation backed by the Cyprus ICF (€20,000)
- Strength: Broad Central European presence with dedicated localized support in Czech, Polish, Italian, and English
- Limitation: Baseline raw ECN round-turn commission of $10 per lot on Starter accounts is higher than industry benchmarks
- Limitation: Non-EU retail clients are contracted under an offshore Seychelles FSA licence with reduced regulatory protections
- Limitation: Does not offer direct trading in real physical cash equities, unlisted mutual funds, or secondary market bonds
- Limitation: Does not provide native MetaTrader 5 (MT5) platform integration, focusing on MT4 and cTrader
- Limitation: Maximum leverage for retail investors in Europe is capped at 1:30 in strict compliance with ESMA rules
Who this broker suits, and who it does not
Purple Trading is most relevant to traders looking for: cTrader, Forex Trading, CFD Trading, ECN Execution, STP Broker, MetaTrader 4, Algorithmic Trading, cBots, Copy Trading, Central European Traders.
It is less suitable for anyone who needs a strict-tier regulator in their own country of residence but would be onboarded by an offshore entity, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.
Purple Trading change history
Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.
No fact changes recorded for Purple Trading yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about Purple Trading
Data sources. Broker submission, the regulator registers linked above, Broker regulations and licensing page; CySEC entity page, web-archive and domain records, and third-party traffic data. Last register check 2026-10-10. External ratings: Trustpilot 3.1/5; Forex Peace Army 3.38/5; TradingView 3.9/5; Tradomatix 3.36/5; Compare Forex Brokers (Editorial Rating) 54.5/100.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We may receive a referral fee if you open an account with Purple Trading through our links; this never affects scores or verification. How we make money. Trading leveraged products carries a high risk of loss.